Fujairah Free Zone Company Setup

Since 1987, Fujairah free zone or Fujairah Creative City has emerged as one of the most strategically located free zones in the UAE. With its location in close proximity to the Port of Fujairah, it is a major commercial and trade hub that services companies spread across the UAE. This open up lucrative business opportunities for traders and companies with business interests across gulf Ports, India, Pakistan, or even the Red Sea.

Alongwith with a well-equipped sea port, it also has a major international airport. The suite of feature packed infrastructure combined with total ease of access has made the Fujairah free zone one of the most sought-after locations for both startups and established companies. This places Fujairah at the top for most international businesses looking for company formation in Fujairah free zone. The free zone offers a wide range of licenses for a range of business activities.

Benefits of forming free zone companies in Fujairah free zone

Fujairah free zone thrives on the three key success drivers needed for any free zone operation – Accessibility, Connectivity, and Economy. Be it quick document processing, swift license procurement or even the availability of skilled resources at cheap cost, there are many benefits for an entrepreneur wishing to set up a business in Fujairah free zone or Fujairah Creative City. Let’s explore some key advantages offered by this free zone

• 100% foreign ownership is permitted at the Fujairah free zone.
• Zero personal or corporate tax.
• 100% repatriation of profits and capital.
• No preliminary immigration approval needed.
• Licenses can be procured for as low as AED 5,000.
• No need to be present in Fujairah for getting the approval needed for commencing business operations.
• Reduced infrastructure investment cost.
• Investor-friendly governmental policies.
• Sponsorship and visas made available for cost-effective skilled workforce.
• Streamlined licensing and quick business startup process.

Types of licenses available

A range of business set up can procure different types of licenses based on the nature of operations conducted at their set up. Here are a few types of licenses available:

• Trading License (both general and normal).
• Consultancy/Service License.
• Professional License.
• Industrial License.
• National Industrial License.
• Warehousing License.

Types of legal entities

Procedure to set up the company

Fujairah Free Zone company formation is a simplified and swift process. This means that you need not spend a lot of time in procuring the necessary approvals needed to run your own venture here in Fujairah. Here are the key steps to follow –

• Determine the type of business activity.
• Build an elaborate plan for business setup.
• Pick a trade name (make sure it is not in use) and submit it to the Fujairah Free Zone authority.
• Open a bank account here to deposit the required capital money.
• Set up the infrastructure, sign the rental contract for physical office space, and get the employees needed to run the operation in Fujairah
• Get the necessary business registration and licensing approvals needed to start with the business
• Get shareholders to sign the company formation documents in front of the free zone officials

Why EBS?

EBS has helped many businesses to successfully set up and run operations here in Fujairah free zone or Fujairah Creative City. With the elaborate paperwork and necessary approvals covered by us, you don’t even have to be present in the preliminary stage. Leave all the worries of procuring timely approvals from the appropriate authorities to us. From opening a bank account and sourcing a suitable office space within the free zone, to arranging for visas and post set up assistance, we provide all this and much more at EBS. We have the experience to liaise with the right officials to move the preliminary paperwork ahead so that you don’t face any problems after starting with your business here in Fujairah Creative City.

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